H.R. 8946 · 118th Congress
Reversionary Interest Conveyance Act
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 118th Congress ended.
D
MatsuiSponsorNo cosponsors.
- House Introduced Jul 8, 2024
- House Passed Dec 17, 2024
This bill directs the Bureau of Land Management (BLM) to offer to sell the reversionary interest of the United States in approximately 8.43 acres of land in Sacramento, California, as generally depicted on a specified map dated November 7, 2022.
What it does: CRS summary · Introduced in House · Jul 8, 2024
Reversionary Interest Conveyance Act
This bill directs the Bureau of Land Management (BLM) to offer to sell the reversionary interest of the United States in approximately 8.43 acres of land in Sacramento, California, as generally depicted on a specified map dated November 7, 2022. Within two years of receiving a request from the owner of the land, the BLM must offer the reversionary interest and convey the reversionary interest to the buyer upon payment. The payment must be in an amount that is at least the fair market value of the reversionary interest. The buyer must also pay all costs related to the applicable conveyance of the reversionary interest, including all surveys, appraisals, and other administrative costs.
The bill subjects the conveyance to valid existing rights.
The proceeds from the sale must be deposited into Federal Land Disposal Account.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Reversionary Interest Conveyance Act
Latest action (Dec 18, 2024): Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Public Lands and Natural Resources · Origin: House · Introduced: Jul 8, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Jul 8, 2024
- House Passed Dec 17, 2024
No recorded floor vote found.